💰 Loan / EMI Calculator

Calculate your monthly loan payment (EMI), total payment and total interest instantly.

What is an EMI Calculator?

An EMI calculator (Equated Monthly Installment) helps you calculate how much you will pay each month for a loan. It also shows the total interest you will pay over the life of the loan, helping you make informed financial decisions.

How EMI is Calculated

EMI is calculated using the loan principal, annual interest rate, and loan duration. Our loan calculator applies the standard amortization formula to give you accurate monthly payment amounts instantly.

When to Use This Tool